Voyageur Pharmaceuticals (CVE:VM) Trading Up 50% – Here’s Why

Shares of Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) rose 50% on Wednesday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 1,942,446 shares traded hands during trading, an increase of 1,795% from the average daily volume of 102,479 shares. The stock had previously closed at C$0.07.

Voyageur Pharmaceuticals Stock Up 11.1 %

The firm has a 50 day moving average of C$0.07 and a 200-day moving average of C$0.06. The company has a debt-to-equity ratio of 3.21, a current ratio of 0.17 and a quick ratio of 0.84. The stock has a market capitalization of C$13.95 million, a P/E ratio of -10.00 and a beta of 0.32.

Voyageur Pharmaceuticals Company Profile

(Get Free Report)

Voyageur Pharmaceuticals Ltd., together with its subsidiaries, engages in the acquiring, exploring, and developing raw materials for pharmaceutical products, primarily in the province of British Columbia, Canada, and the state of Utah. The company develops barium and iodine-based APIs. The company was formerly known as Voyageur Minerals Ltd.

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